During a budget meeting, a department head purposefully inflates their demand forecast to secure a larger budget for the upcoming year. According to the notes, which human bias does this demonstrate?  

An analyst at Facebook is using Exponential Smoothing to forecast Daily Active Users (DAUs). The last forecast (ŷₜ) was 400 million, and the actual demand (yₜ) turned out to be 500 million. If the analyst uses a conservative smoothing parameter of α = 0.2, what is the new forecast (ŷₜ₊₁)? Enter your answer as a whole number (for example, 20). Do not include zeros for “million.” For instance, if the answer is 20 million, enter 20.  

Two different companies have adopted strategies to manage variety without crippling inventory costs. Company X allows customers to customize the colors of their sneakers, only finishing the shoe once the exact order is placed. Company Y is an online retailer that sells thousands of rare, slow-moving books from a massive, single warehouse. According to the lecture notes, what fundamental concept links the success of both strategies?

A manufacturer produces custom-built industrial safes. The products are incredibly heavy, and the actual labor required to manufacture them is very low relative to the final price tag of the safe. Based on the strategic sourcing rules provided in the lecture, what decision should the manufacturer make regarding where to produce these items?

A stir-fry station at a restaurant can continue cooking for 30 minutes even if the vegetable prep station stops working because they maintain a container of pre-cut peppers and onions. According to the notes, this inventory is held specifically as a:

A Facebook infrastructure lead is deciding between using a Moving Average (MA) and Exponential Smoothing (ES) to forecast server traffic. According to the comparison in the notes, what is a primary procedural advantage of using Exponential Smoothing over a Moving Average?

Open Canvas in Google Chrome on your laptop. Start the exam (Honorlock activates automatically). Then open the course calculator in a separate tab (Click on it now, if not open already).Calculator link: https://soma1372.github.io/OTM300-calculators/SCM For quantitative questions that require you to type the answer, enter the answer exactly in the format instructed in the question. For fairness and to keep noise to a minimum, we will only answer questions related to the exam questions themselves. If we find an issue during the test, we will announce it to the whole class. If you face technical issues, raise your hand and we will try to assist you. Once you are done, please come to the front, sign the sign-in sheet, and leave quietly. Note that without a signature, your exam will automatically be graded as zero. For those registered with the McBurney Center, no signature is required; we will receive your attendance directly from them. All the best!

The Voting Rights Act of 1965 is best described by which of the following statements?

Crenshaw argues that without intersectionality, some people’s experiences are overlooked in movements for justice.

Morgan created a zine to address the underrepresentation of women of color in mainstream feminist discourse at the time. Which wave of feminism does this activism best represent?